Trending Articles

Fannie Mae: Mortgage rates and home prices will rise in ’22

Housing Wire

Economists at Fannie Mae expect an increase mortgage rates and home prices in 2022 due to higher inflation , a tightening of monetary policy, and low home inventory. Fannie Mae in its October economic forecast said it expects the 30-year fixed rate mortgage to average 3.3% in 2022, up from 3.1%

The Big Question: Should You Renovate or Move?

Keeping Current Matters

The last 18 months changed what many buyers are looking for in a home. Recently, the American Institute of Architects released their AIA Home Design Trends Survey results for Q3 2021. The survey reveals the following: 70% of respondents want more outdoor living space.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Goldman Sachs: Home prices will rise another 16% in ’22

Housing Wire

Home prices are currently up 20% year-over-year, but according to a new Goldman Sachs market forecast, they may not have reached their peak yet. Not even close. Goldman Sachs economists predict that home prices will grow another 16% by the end of 2022.

Remodeling Industry Confidence Improves Year over Year

Eyes on Housing

The NAHB/Royal Building Products Remodeling Market Index (RMI) for the third quarter posted a reading of 87, up five points from the third quarter of 2020. The reading is a sign of positive residential remodeler sentiment for projects of all sizes.

Millennials are Determined and Prices are Soaring: The Step-by-Step Formula for Closing More Sales to Millennial Buyers Fast!

Speaker: Paul Moya - CEO, Millennial Labs, and The Go-To Performance Marketing Strategist and Realtor Coach for the Best in the World

Join Paul Moya, CEO of Millennial Labs and the Go-To Performance Marketing Strategist and Realtor Coach for the Best in the World, as he shares insights and information about the importance of understanding a buyer and how their needs change with each generation.

4 multiple listing services unite to acquire Remine, replace CEO

Inman

Austin Board of Realtors, First MLS, Heartland MLS and Miami Realtors have formed a joint venture to buy the real estate tech firm and position it for future investments.

MLS 139

More Trending

Don’t Wait for a Lower Mortgage Rate – It Could Cost You

Keeping Current Matters

Today’s housing market is truly one for the record books. Over the past year, we’ve seen the lowest mortgage rates in history. And while those rates seemed to bottom out in January of this year, the golden window of opportunity for buyers isn’t over just yet.

August Single-Family Permit Gains

Eyes on Housing

Over the first eight months of 2021, the total number of single-family permits issued year-to-date (YTD) nationwide reached 775,772. On a year-over-year (YoY) basis, this is a 25.8% increase over the August 2020 level of 616,856.

Mortgage rate projected to top 4% in 2022 as Fed tapering plan nears

Inman

The Fed could begin tapering as soon as November, adding momentum to market forces that have been pushing mortgage rates up in recent weeks. Markets & Economy Mortgage Uncategorized federal reserve home prices James Bullard Jerome Powell Michelle Bowman mortgage rates mortgage refinancing

Tips For Researching a Home’s History

Realty Biz

Purchasing a new house is a complicated process, which requires time and a lot of care. To make it a safe and carefree process, there are several elements to consider before signing the actual contract.

Reimagining How Construction Companies Capture Progress Tracking

Speaker: Felipe Engineer-Manriquez, Christopher Gagliardi, George Hedley, and Jason Nichols

Join our esteemed panelists for their discussion on the importance of progress tracking which ultimately touches upon every digital aspect within the construction cycle. Our thought-leaders' years of experience on the job sites can help you build a better future at your company.

Housing affordability improves for second straight month

Housing Wire

For the second month in a row, national housing affordability improved in August, according to the latest National Association of Realtors housing affordability index report. This improvement came as monthly mortgage payments fell by 1.1% while median family income fell by 0.7%.

Experts Agree: Homeownership Provides a Path to Long-Term Wealth

Keeping Current Matters

A recent survey from LendingTree.com found there are multiple reasons why Americans would choose to purchase a home instead of renting. Some of the most popular non-financial reasons given include: The flexibility to make the space your own. The pride homeownership offers. The sense of stability.

Equity 198

Falling Lumber, Concrete Prices Offset Steel Increases in September

Eyes on Housing

Prices paid for goods used in residential construction ex-energy decreased 0.8% in September (not seasonally adjusted), according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics.

‘It’s about time’: Agents cheer as Zillow braces for portal war in NYC

Inman

Agents across New York City were enthusiastic Thursday after CoStar-owned Homesnap and the Real Estate Board of New York announced plans to launch a search portal in 2022.

Agents 140

Portsmouth Agent Soren Arn-Oelschlegel Shot and Killed by Client

RIS Media

A REALTOR® in Portsmouth, Virginia was shot and killed on Fri., 8 in what police are describing as a murder-suicide, according to local news agencies.

The biggest risk to the housing market right now

Housing Wire

Now that we are heading toward the end of 2021, what can we say about the U.S. housing market this year? No question it has been another year of ups and downs with seemingly conflicting data, which could indicate a coming boom or a bust depending on how you decide to parse it.

What Do Past Years Tell Us About Today’s Real Estate Market?

Keeping Current Matters

As you follow the news, you’re likely seeing headlines discussing what’s going on in today’s housing market. Chances are high that some of the more recent storylines you’ve come across mention terms like cooling or slowing when talking about where the market is headed. But what do these terms mean?

Stable Conditions for Construction Job Openings

Eyes on Housing

In the August labor market data, job openings for the overall economy remained elevated at 10.4 million open positions. What had been a challenge in certain sectors, like construction, continues as a broad labor access issue as businesses seek workers as the economy expands.

Virginia set to mourn agent killed over sight-unseen home purchase

Inman

Long & Foster agent Soren Arn-Oelschlegel posted a final Facebook message congratulating the out-of-town client for whom he'd helped purchase a quaint home just days before his grisly murder.

Agents 135

Oregon First-Time Home Buyer: 2021 Programs and Grants

The Mortgage Report

An Oregon first-time home buyer can access loads of support and assistance — often including cash help with their down payment.

Lenders are courting self-employed borrowers again

Housing Wire

Mortgage credit availability increased for the third consecutive month in September, but is still 30% below the pre-pandemic level, according to a report released Tuesday by the Mortgage Bankers Association (MBA).

Loans 363

Frenzy Volume

BubbleInfo

Rob Dawg suggested that the total volume of the frenzy must be remarkable. Both sales and pricing are higher, and the higher-end markets have never had it so good.

Sales 86

Consumer Prices Rise in September

Eyes on Housing

Inflation accelerated in September, as prices for food and shelter showed notable gains. Federal Reserve officials described the current inflation run as “transitory”, and attributed recent increases largely to supply-chain constraints and a surge in consumer demand as the economy reopened.

114
114

Real estate agent fatally shot by 84-year-old client

Inman

Suffolk, Virginia, real estate agent Soren Arn-Oelschlegel was fatally shot over the weekend during a visit to a client's home. Arn-Oelschlegel was visiting Albert A. Baglione, who'd moved into his new home just a few days before the shooting on Friday evening.

Agents 143

First-Ever Proptech Franchise Opportunity Creates Ancillary Revenue Stream Through Predictive Behavior Platform

RIS Media

There are thousands of real estate data platforms available to practitioners that assist agents and brokers in simplifying workflows, improving transparency, and attracting and retaining new business.

Title 82

Millennials struggle to compete with boomers for homes

Housing Wire

Young people make up a smaller share of recent homebuyers than in previous years most likely due to the increased market activity of baby boomers, a new Zillow report published on Thursday found.

Equity 329

Bay Area Exodus

BubbleInfo

The San Diego housing market is a popular choice for those who are leaving the Bay Area (population of 6,404,512 in the five counties).

AREAA INSTALLS TIM HUR AS NATIONAL PRESIDENT FOR 2022

Realty Biz

The Asian Real Estate Association of America , a national nonprofit trade organization focused on improving the homeownership rates of the Asian-American Pacific Islander (AAPI) community, has installed its next president.

Home sales predicted to close out 2021 with surprising strength

Inman

Fannie Mae economists now expect that when the final numbers are in, sales of new and existing homes will grow by 4.7 percent to 6.8 million.

Sales 125

You Can Stop Struggling to Overcome MLS Data Hurdles

RIS Media

As the market emerges from the disarray of the COVID-19 pandemic, real estate experts are predicting that low inventory, high demand and shifting consumer values will cause significant market appreciation in the coming years.

MLS 79